Rockwell Automation, Inc. $ROK Shares Sold by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC lessened its holdings in Rockwell Automation, Inc. (NYSE:ROK) by 24.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 170,687 shares of the industrial products company’s stock after selling 56,501 shares during the quarter. Rockwell Automation accounts for approximately 1.4% of Ceredex Value Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Ceredex Value Advisors LLC’s holdings in Rockwell Automation were worth $59,660,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Rockwell Automation by 468.8% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 91 shares of the industrial products company’s stock valued at $32,000 after purchasing an additional 75 shares during the period. Rexford Capital Inc. bought a new stake in shares of Rockwell Automation in the second quarter valued at approximately $33,000. Ameriflex Group Inc. grew its position in Rockwell Automation by 100.0% during the third quarter. Ameriflex Group Inc. now owns 100 shares of the industrial products company’s stock worth $35,000 after buying an additional 50 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in Rockwell Automation by 48.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 116 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 38 shares in the last quarter. Finally, Financial Gravity Companies Inc. bought a new stake in shares of Rockwell Automation during the 2nd quarter valued at $40,000. Institutional investors and hedge funds own 75.75% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on ROK shares. Robert W. Baird set a $430.00 price target on Rockwell Automation in a research report on Friday, February 6th. Argus upgraded Rockwell Automation to a “strong-buy” rating in a research note on Friday, January 16th. Citigroup boosted their price target on Rockwell Automation from $439.00 to $466.00 and gave the stock a “buy” rating in a report on Monday, December 8th. Zacks Research cut Rockwell Automation from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $460.00 target price on shares of Rockwell Automation in a report on Sunday, February 8th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Rockwell Automation has a consensus rating of “Moderate Buy” and a consensus price target of $418.33.

Rockwell Automation Price Performance

Rockwell Automation stock opened at $375.53 on Tuesday. The stock has a 50-day moving average price of $406.04 and a two-hundred day moving average price of $380.43. Rockwell Automation, Inc. has a 12 month low of $215.00 and a 12 month high of $438.72. The company has a market capitalization of $42.19 billion, a PE ratio of 42.97, a P/E/G ratio of 2.64 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 0.68.

Rockwell Automation (NYSE:ROK) last released its quarterly earnings data on Thursday, February 5th. The industrial products company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.29. Rockwell Automation had a return on equity of 34.92% and a net margin of 11.56%.The company had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter in the prior year, the firm posted $1.83 earnings per share. The firm’s revenue was up 11.9% compared to the same quarter last year. Rockwell Automation has set its FY 2026 guidance at 11.400-12.200 EPS. Analysts expect that Rockwell Automation, Inc. will post 9.35 EPS for the current year.

Rockwell Automation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Monday, February 23rd will be given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, February 23rd. Rockwell Automation’s dividend payout ratio (DPR) is currently 63.16%.

Insider Activity

In other Rockwell Automation news, SVP Rebecca W. House sold 12,100 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $404.27, for a total transaction of $4,891,667.00. Following the completion of the sale, the senior vice president owned 12,200 shares of the company’s stock, valued at approximately $4,932,094. This represents a 49.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Scott Genereux sold 17,407 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $404.61, for a total value of $7,043,046.27. Following the completion of the transaction, the vice president directly owned 3,314 shares in the company, valued at $1,340,877.54. This represents a 84.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 61,481 shares of company stock worth $24,918,602. 0.76% of the stock is owned by corporate insiders.

Rockwell Automation Profile

Rockwell Automation is a global industrial automation and digital transformation company headquartered in Milwaukee, Wisconsin. The firm designs, manufactures and supports control systems, industrial control hardware and software, and related services that help manufacturers and industrial operators automate processes, improve productivity and enable data-driven decision making. Rockwell traces its heritage to the Allen-Bradley and Rockwell automation businesses and positions itself as a provider of integrated automation solutions across discrete and process industries.

The company’s product portfolio includes programmable logic controllers (PLCs), human-machine interfaces (HMIs), variable frequency drives, sensors, safety components and other industrial control hardware, often marketed under the Allen-Bradley brand.